Funds of Russian Federation Reserve Fund may end up in current year, - source

The money from National Welfare Fund, Russian authorities may start spending already in 2017

Funds of the Reserve Fund of the Russian Federation may end later this year or in the next year, and funds from the National Welfare Fund (NWF), the Russian authorities may start spending in 2017. It is reported by the Russian TASS agency referring to a source close to the Ministry of Finance.

"Therewill bea little bitnext year, and maybe they will spend it (this year),if theprivatization will nottake placein the plannedvolumebut,most likely early next year." - Said the source.

The interviewer did not rule out that they will spend money from the National Welfare Fund in 2017 (NWF).

"Today the government do not refuse of this idea" - said the source.

Let us remind, the international reserves of Ukraine in August increased by 21 million dollars.